
Project Cost Management Specialist
11 hours ago
This role is responsible for providing proactive cost and change management support to delivery teams across multiple projects.
Key Responsibilities:
- The occupational health and safety of yourself and team members, ensuring that systems and processes are undertaken to demonstrate this care.
- Carry out the functional duties necessary for the daily implementation of project cost and change management across regional programs of projects. This includes establishing budget, change management, contingency management, cost risk management, cashflow forecast schedule estimates, costs analysis to provide guidance on the final forecast cost, review and valuation of progress payments and reporting.
- Assisting the Project Controls Specialist and Project Lead/Manager in managing the owners cost, provide explanation of projects costs deviation from forecast/plan and alignment to the cost management processes.
- Be proactive and bold to raise areas of concern to the Project Controls Specialist and Project Lead/Manager to avoid surprises.
Role Accountabilities:
- Report and provide cost analysis support on assigned Delivery portfolio and on individual projects.
- Ensure compliance to the project controls guidelines and procedures by the project owners' team.
- Manage cost assessments and carry out valuations on larger projects, and ensure timely and accurate cost validation, and valuation process.
- Facilitate project review meetings and update cost management tools and systems.
- Assists in maintaining the integrity of integrated project cost reports
- Supports development of regular cost and change management reports, including professional analysis and commentary.
- Assist in the development and update of project cashflow forecasting and estimates at completion.
- Supports compliance with standardized processes, systems and tools
- Maintains the relationship with contracting and project planning stakeholders to provide an informed forecast of the project.
- Collaborates with the planners/schedulers, contracts and estimating groups to ensure that implications of changes are well articulated and understood.
- Assists with analyzing and reporting implications of changes to the Annual Plan and forecast.
- Provides technical support to project stakeholders
- Providing an independent assessment of the projects progress and estimate at completion.
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